Survey shows more Chinese plan to buy private cars (Xinhua) Updated: 2006-09-26 19:15
BEIJING -- It appears that China's consumption tax on luxury cars and
likely increases in fuel prices have not dampened the enthusiasm of Chinese for
owning their own car.
Market researcher of AC Nielson in Beijing, Shanghai and Guangzhou shows that
over 13 percent of consumers in the three cities say they plan to buy an
automobile in the next 12 months.
In 2004, 6 percent of the surveyed in the three cities said they would buy a
car.
The survey also shows that the car ownership in China's three largest Chinese
cities reached 19 percent, compared with 7 percent in 2004, meaning that one in
five families now have a private car.
Another Nielson survey found that a Chinese car owner spends an average 1,120
yuan (US$140) monthly maintaining their car and other expenses. That figure
reached 1,360 yuan in Shanghai, the country's largest city and most expensive to
own a car.
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